Aiming to sidestep a logjam in Congress, the Obama administration is looking for steps it could take on its own to prevent American companies from reincorporating overseas to shirk U.S. taxes, officials said Tuesday.
The U.S. trade deficit fell in June to its lowest level since January as imports dropped sharply, led by lower shipments of cellphones, petroleum and cars.
A Coca-Cola distribution plant in southern Mexico had received threats before attackers burned four of its delivery trucks in an area known for drug gang turf battles, the company said.
Nestle SA saw its sales and profits fall in the first half of the year as a stronger Swiss franc and anemic prices in Europe weighed on the bottom line.
China's smog-plagued capital has announced plans to ban the use of coal by the end of 2020 as the country fights deadly levels of pollution, especially in major cities.
McDonald's said Monday that a scandal over a meat supplier in China is hurting sales in the region and its global sales forecast for 2014 is "at risk."
The Japanese and Chinese governments are making preparations to hold a working-level meeting on food safety later this month following a recent scandal over expired chicken meat provided by a Chinese producer, Japanese government sources said Monday.
Fiat shareholders voted Friday overwhelmingly in favor of a merger with Chrysler that has been five years in the works and will shift the 115-year-old carmaker's center of gravity abroad.
The world's largest online retailer is facing off in India against a new name in e-commerce that was founded by former Amazon employees.
U.S. and European sanctions against Russia's energy and finance sectors are strong enough to cause deep, long-lasting damage within months unless Moscow persuades the West to repeal them by withdrawing support for Ukrainian insurgents.
Republican senators blocked an election-year bill Wednesday to limit tax breaks for U.S. companies that move operations overseas.
The intensifying international focus extends beyond technology. Century-old companies such as Coca-Cola Co. and Ford Motor Co. also are hoping to make more money in countries including China and India.
Nearly a quarter-century after McDonald's startled and delighted Soviets with their first taste of American fast-food culture, the company's now facing a suit that could ban it from selling some of its signature products.
The European Union's antitrust authority has cleared Apple's $3 billion deal to buy Beats Electronics, which makes headphones and offers music streaming services.
Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the crash of the Malaysian jetliner will bring about an international isolation that will cause serious and lasting economic damage.
One need look no further than BMW’s recent announcement of its new $1 billion production facility in San Luis Potosi for evidence of the strengths of Mexican manufacturing.
A divided federal appeals court on Thursday threw out claims against produce giant Chiquita Brands International made by relatives of thousands of Colombians killed during years of bloody civil war.
This week it was reported that U.S.-owned meat supplier, Husi Food Co., sold expired beef and chicken to major fast food chains. And as companies are breaking ties with the supplier, one company is vowing to stand by them.
Japan's trade deficit surged to a record 7.6 trillion yen ($74.9 billion) in the first half of the year as exports failed to keep pace with surging imports, the Finance Ministry reported Thursday.
The Senate voted Wednesday to advance an election-year bill limiting tax breaks for U.S. companies that move operations overseas. But big hurdles remain.
China's manufacturing rose in July to its highest level in 18 months, in a sign that mini-stimulus measures to shore up growth in the world's No. 2 economy have taken hold.
The International Monetary Fund has shaved its forecast for U.S. economic growth this year, mostly because of a sharp contraction in the first quarter.
Five employees of a company accused of selling expired beef and chicken to McDonald's, KFC and other restaurants in China were detained by police Wednesday after an official said illegal activity was an organized effort by the supplier.
Sluggish growth in France, Italy, Russia, Brazil and China suggests that the old truism, "When the U.S. sneezes, the rest of the world catches a cold," may need to be flipped.
America has been a very weak competitor in the game of globalization and has not used its power or legal rights to improve American manufacturing. The following describes the key issues facing American manufacturer that need to be addressed with action (not rhetoric).